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Camarillo adopts balanced FY 2025–26 budget with one‑time uses of fund balance and employee 3% COLA
Summary
City finance staff presented a proposed FY 2025–26 budget showing all‑fund revenues of roughly $142.1 million and expenditures of about $159.0 million with planed one‑time uses of fund balance for capital and loans; council approved the recommended budget actions.
City finance staff presented the Camarillo proposed fiscal year 2025–26 budget at the June council meeting and the council approved the recommended actions adopting the budget and related annual items.
Finance staff (presenter Mark Uribe in the transcript) told the council that the city’s proposed budget combines approximately $142.1 million in revenues across all funds and roughly $159.0 million in expenditures, with the difference covered by available fund balance and one‑time uses. The general fund was described as the largest operating fund (reported around $58.8 million), with water funds combined at about $31.9 million and the Camarillo Sanitary District at about $25.0 million. Staff said the proposed budget is structurally balanced across a five‑year forecast while…
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